Market Summary
The benchmark index closed 1.15 points (+0.05%) higher, extending its gains to four successive sessions at 2,337.41 with a 20.39% year-to-date return. The market capitalization increased by 0.02% to close at GH¢58.46 billion.
Enterprise Group (+1.37%) and Cal Bank (+1.27%) edged the GSE Financial Index upward by 1.68 points (+0.09%) to close at 1,857.23 with a 4.18% year-to-date return.
The SAS Manufacturing Index rebounded on the back of Fan Milk (+1.79%) to close the session 3.56 points (+0.28%) greater to close at 1,296.89 with a year-to-date return of -23.77%.
Pesewa One (+3.33%) summed up the advancers’ chart at GH¢0.62.
Trading activity weakened as 852,618 shares valued at GH¢698,321 changed hands from 2,391,622 shares valued at GH¢1,912,503 in the previous session. Cal Bank dominated trades by volumes and value, accounting for 88.35% of the total volumes traded and 86.29% of the total value traded.
We anticipate activity levels to surge.
Company in Focus
Meridian-Marshalls Holdings (GSE: MMH)
Meridian-Marshalls Holdings is an independent non-profit making educational initiative of Meridian Pre-University (MPU).
Marshalls had accreditation from the National Accreditation Board (NAB) to operate as a tertiary institution in 2012.
It is affiliated to the University of Cape Coast, Ghana and Microsoft Technology Academy in the USA.
Marshalls currently has four Schools, namely J.S. Addo Business School (JSABS), the School of Modern Languages (SML), the School of Arts and Social Sciences (SASS) and Marshalls School of Technology (SOT).
MMH is listed on the Ghana Stock Exchange (GSE) with a current share price of GH¢0.11 (0.00% YTD).